JP Morgan Maintains Overweight on CompoSecure, Raises Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Reginald Smith has maintained an Overweight rating on CompoSecure (NASDAQ:CMPO) and raised the price target from $8 to $9.
August 22, 2023 | 12:20 pm
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POSITIVE IMPACT
JP Morgan's raised price target for CompoSecure suggests a positive outlook for the company's stock.
The raised price target by JP Morgan indicates their belief in the company's potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100